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Topic: Time for LTC (LITECOIN) to SHINE. (Read 436 times)

sr. member
Activity: 315
Merit: 250
June 18, 2016, 09:59:58 AM
#6
If you are smart, you should be hoarding Litecoin right now.

With the roadmap to be released soon, addition to Coinbase and Gemini, Bitcoin halving nearing, and new features to be implemented, LTC, the only legit coin besides BTC, will sky-rocket like never before. $50 more than reasonable this year, especially after the ETH catastrophe !!

I think you're right, the spotlight will hit LTC again soon.  My best guess is, after the halving and BTC stabilizes roughly double what it was a couple months ago, newbs and investors without as much money will once again look to the "silver" to bitcoin gold.  No doubt LTC will shine at that time.  Not sure we'll hit $50 though. 
sr. member
Activity: 332
Merit: 250
June 18, 2016, 09:46:52 AM
#5
Yeah LTC. The coin that time and devs forgot. LTC has been dead for over 5 years. Since its inception in fact.

The bitcoin is not dead now, so it is not time for the litecoin to shine. If the bitcoin is dead, litecoin is also dead.
hero member
Activity: 728
Merit: 500
June 18, 2016, 08:50:15 AM
#4
Reasons LTC will continue to do well:


  • Capable of four times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.  
  • Faster confirmation times. The only people who don't think this is important have never spent a single coin or they have patience that the average person does not possess.
  • The faster block time of litecoin reduces the risk of double spending attacks.
  • Anti-spam.
  • Fast well established network. Current Hashrate is 1,643 GH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (1,643 TH/s). The fact is for most of Litecoins history the hashrate has been relatively high and secure. Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
  • Continuous development look here at number of releases in past year: https://github.com/litecoin-project/litecoin/releases
  • Upcoming new features and active development look here for whats happening in 2016:
    https://www.reddit.com/r/litecoin/comments/3z2ta1/ama_official_litecoin_developers_and_litecoin/
  • Longevity. Many coins have temporarily eclipsed litecoin as they were marketed for the purpose of increasing the fiat accounts of a small group and emptying the accounts of new users. Unfortunately this has been detrimental to crypto-space in general.
  • Great community.
  • Fully supported by GoCoin a growing merchant payment processor used by thousands of merchants https://www.gocoin.com/ as well as other processors such as coinpayments, Asmoney, Alfacoins and Coinify
  • Liquidity. You can sell thousands and not crash the market. Maintains value. Look at the chart here indicating volume in the last 24 hours relative to other coins. http://cryptocoincharts.info/coins/graphicalComparison In fact volume has remained high since last June while maintaining a stable price.
  • Soon to be added to coinbase.
  • Upcoming release to include a on-chain adaptive block size scaling solution. This will substantially increase the transactional capacity of Litecoin.
  • Security.

 
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
June 18, 2016, 08:47:46 AM
#3
Yeah LTC. The coin that time and devs forgot. LTC has been dead for over 5 years. Since its inception in fact.
legendary
Activity: 2380
Merit: 1026
June 18, 2016, 08:41:37 AM
#2
This is probably best call for this period, and many will be surprised when LTC start his epic hype. I'm buying back again and this price is very good now..We will wait probably after BTC halving for it.
hero member
Activity: 717
Merit: 501
June 18, 2016, 08:28:11 AM
#1
If you are smart, you should be hoarding Litecoin right now.

With the roadmap to be released soon, addition to Coinbase and Gemini, Bitcoin halving nearing, and new features to be implemented, LTC, the only legit coin besides BTC, will sky-rocket like never before. $50 more than reasonable this year, especially after the ETH catastrophe !!
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